Altcoins

Could These Altcoins Continue To Dominate The Crypto Market: Ethereum, Shiba Inu, and Mehracki

Cryptocurrency has been growing in popularity all over the world. With more and more users trooping in to join the bandwagon it’s only a matter of time before crypto completely dominates the world in every aspect. Getting familiar and invested in the top cryptos around wouldn’t be a bad idea. To that effect, we’ve compiled a list of some of the most dominant altcoins around as well as a new one with great promise. These include Ethereum (ETH), Shiba Inu (SHIB), and the newcomer Mehracki (MKI).

The Altcoin Leader Ethereum (ETH)

Ethereum (ETH) remains the undisputed king of altcoins in the world. This is definitely why it’s being called out for all kinds of reasons both positive and negative.

It’s important to note that this crypto king didn’t just become successful overnight. It was able to get to this great position today after starting out small with clear plans of what it had in mind. One of these plans was to create a powerful blockchain technology that all other cryptos could access.

Of course, Ethereum (ETH) was utilized by many coins that decided to make it their favored blockchain, which in turn boosted Ethereum’s value (ETH).

Shiba Inu (SHIB) – Could It Overtake Dogecoin?

Shiba Inu (SHIB) penetrated the world of crypto as a meme coin, intending to mimic the success of Dogecoin (DOGE) at that time. Its developers were able to witness success beyond their dreams in a short time.

Shiba Inu (SHIB) as a top crypto has been able to overcome rumors and snickering that’s aimed at bringing it down. The project has also gone on to influence the mass production of many meme coins, which had the idea of reaching its successful height. Unfortunately, most of them have failed greatly because they didn’t take into account some reasons for Shiba Inu’s (SHIB) success.

The influence of some powerful crypto gurus as well as a unique use case is what helped this giant soar to great heights in a short time. Shiba Inu (SHIB) is still rising in value with investors being advised to key in before the bulls come.

A New King About to Emerge? Mehracki (MKI)

Mehracki (MKI) is entering the cryptocurrency world with the aim of dominating it soon. The community-driven meme coin has immense use cases as can be seen from its whitepaper. Seeing how many meme coins have come under scrutiny because of their somewhat lack of real-life application, use cases and utility of their tokens, Mehracki (MKI) developers have created a project that meets all these needs.

Mehracki (MKI) has made sure its token has immense utility as it aims to verify and authenticate transactions in its ecosystem. The token will so function as a unitary value exchange between major hospitality businesses (Mehracki’s industry) and their customers.

It’s not a new thing that most meme coins don’t incentivize their token adoption. They simply depend on their community to the hype and promote them. Mehracki (MKI) aims to create many incentives for their token adoption including gamifying some milestones.

Holders of Mehracki (MKI) tokens will not need to swap them with any other token before they can pay for goods and services. This will be made possible because of Mehracki (MKI) partnership with major hospitality centers as well as DeFi-capable NFTs. To this effect, holders will always be in control without having to worry about any fees for swapping or using another foreign exchange.

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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